2020 OVERVIEW Print, Digital PDF & Flipbook Newsletter:Global Wire & Cable Business and Market News.

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September 2, 2019Volume 22, Issue 3

WIre & Cable StoCk IndexeS

% CHANGE % CHANGE since last issue YTD 2017

oVerVIeW 40 2811 -5.2 +3.8OVERVIEW Electrical 2190 -5.2 +3.8OVERVIEW Communications 591 -6.9 -1.0OVERVIEW Steel 302 -3.9 +6.7

•All data are from prices listed on the market on Aug. 26, 2019.

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leonI WCS division expanding in MexicoleonI aG, Nürmberg, Germany, a global provider of energy and data man-

agement solutions in the automotive sector and other industries, is broadening its commitment to electromobility. The company’s Wire & Cable Solutions Divi-sion (WCS) is enlarging its facility in Cuauhtémoc, Mexico, by 7000 m2 with the option for a further 3000 m2. The purpose is to increase capacity to produce mostly EV charging cables and Hivocar high-voltage cables for vehicles with alternative drive. Numerous guests including State Governor Javier Corral Jurado, Innovation and Economic Development Secretary alejandra de la Vega and Carlos tena, Major of Cuauhtémoc, attended the foundation-laying ceremony on August 14, 2019.

As in many other countries, electromobility is on the up in North America with all the major car makers announcing plans to further increase their product offering. The market share of electric cars in the USA is expected to exceed 15% in 2025. LEONI therefore intends to be prepared with greater capacity for

the growing and changing mar-ket demands. With production in proximity to the customer, the company can locally and flexibly supply products for electromobil-ity made to the desired specifica-tions. Contact with the principals is made significantly easier and the supply chain is shortened.

Production is scheduled to start in the first quarter of 2020 with initial samples to be made as early as the end of December 2019. www.leoni.com

IWCS on-line registration & Preliminary ProgramIWCS, Inc., producer of the International Cable & Connectivity Symposium, announces

on-line registration for IWCS 2019 is open on the website below. The conference will be in Charlotte, NC, USA, September 29, 2019 to October 2, 2019, and potential attendees can view the Preliminary Program on topics to be addressed in more than 125 papers and pre-sentations in 18 sessions over three full days. A variety of Professional Development Courses will provide a great learning opportunity. Four Core Courses will be for those new to the industry. An additional four Elective Courses will provide the latest technology innovations in the industry on current issues and activities. The Executive Session will cover important issues and economic trends facing the industry followed by a panel discussion with industry leaders. The Plenary luncheon will feature a keynote speaker on the trends and drivers for the cable and connectivity industry. The Supplier Exhibition will show the latest products and services from leading global companies. www.iwcs.org

Anixter Opens New Facility ..............................2NEMA Magnet Wire Standard Update ...........2UL and IWCS China Call For Papers ................2Remee’s New Power Cable .............................3LS Cable to Build Optical Fiber Network .........3Startup Operation: Sequel Wire and Cable ....4USITC Duties on Wire Hangers from China ....4Obituary: William Lee (Sam) Parris ..................5NKT to Deliver Power Cable System ...............5HRADIL Presents Ethernet Hybrid Cable .........6AFL Receives CPR Certification .........................6Superior Essex Zero Waste Award ................. 7GPC Sells EIS Subsidiary to Audax .................. 7Sales, Net Income, Dividends .......................... 7Fundamentals of Wire Manufacturing............8

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June 10, 2019Volume 21, Issue 17

WIre & Cable StoCk IndexeS

% CHANGE % CHANGE since last issue YTD 2017

oVerVIeW 40 2911 -7.7 +7.6OVERVIEW Electrical 2297 -7.9 +8.8OVERVIEW Communications 613 -6.9 +2.6OVERVIEW Steel 290 -8.0 +2.6

•All data are from prices listed on the market on May. 30, 2019.

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Prysmian Secures Major offshore Wind energy Contract in the USa

Italy-based Prysmian Group, a world leader in the energy and telecom cable systems industries, has been awarded a contract worth some €200 million by Vineyard Wind, llC, a USA offshore wind development company, with 50% owned by funds of Copenhagen Infrastructure Partners and 50% by avangrid renewables (part of Iberdrola Group). The project will provide a submarine power cable system that will deliver clean energy to the mainland power grid in

the USA. With production expected to start at the end of 2019, the Prysmian Group will be responsible for the design, manufacture,

installation and commissioning of an HVAC cable system composed of two 220 kV three-core cables using extruded XLPE insulation. The project requires 134 km of power cables. The submarine cables will be produced in Prysmian Group’s centers of excellence for the production of submarine cables in Pik-kala (Finland) and Arco Felice (Italy). Installation operations will be performed by Prysmian Group’s state-of-the-art cable laying vessels Cable Enterprise and Ulisse. Delivery and commissioning of the project are scheduled for 2021.

Prysmian will also provide PRY-CAM permanent monitoring solutions consist-ing of long-range Distributed Temperature Sensing (DTS) and state-of-the-art Real Time Thermal Rating (RTTR) systems collecting and analyzing data by ways of an artificial intelligence interface, which generates automated alarm signals if a critical situation is identified. PRY-CAM is the Prysmian Group’s breakthrough technology that allows on-line, accurate and reliable in-depth information to help electric assets owners increase uptime, asset longevity and safety, while reducing maintenance costs and risks. www.prysmiangroup.com

lC Cable & System Completes Construction of Polish PlantOn May 14, 2019, lS Cable & System of Korea held a ribbon-cutting ceremony for its cable plant in Dzierzoniow

in southwestern Poland. The first plant established in Europe by a Korean cable maker, the new site produces parts for electric vehicle batteries and optical cables for communication. More than 100 people including Cha-Yup koo,

Chairman of LS Cable & System; Myung roe-Hyun, the President and CEO of lS C & S; lee dong-Wook, CEO of LS C & S Poland; dariusz kucharski, Mayor of Dzierzoniow; and Mira Sun, Korean Ambassador to Poland, at-tended the ribbon-cutting.

Myung Roe-Hyun said that LS C & S is pushing ahead with its localiza-tion and regional base strategy. The Polish plant will serve as the key base for advancing into Europe, and transforming the company into a total cable company by adding the power cable business. With the completion of the

Polish plant, LS Cable is now operating a total of 19 business sites at home and abroad. www.lscable.com

USA Lifting Section 232 Retaliatory Tariffs .......2Okonite Expands EPR Plant ..............................2New MD ELEKTRONIK Plant in Bulgaria ..........3Southwire to Sponsor GMA Awards ...............3Sterlite Power Delivers Project in Brazil ...........4NKT Wins Offshore HV Cable Contract ...........4New Europacable President & Chairman ......4Hengtong Cable Passes FAT Testing ...............5LEONI Names New CFO ...................................5New Insulation from Essex Magnet Wire .......6Furukawa & Superior Essex Collaboration.....6Interwire 2019 Report .......................................6Attendance Record Set in Milwaukee............. 7Dividends Report .............................................. 7WCISA® Active in Atlanta .................................. 710th Edition of Jicable .........................................8

Initial Publications, Inc.1741 Akron Peninsula Rd, Akron, OH 44313 USA

Tl: +1 330 864 2122 • Fx: +1 330 864 5298e-mail: mcnulty@wiretech.com

Chip Lippincott PublisherMike McNulty VP & Editor Jim Masar Senior EditorTom Hutchinson Global Sales ManagerMike Dies Sales Representative

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